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"map_content": "How long until Tail Emissions (infinite new supply) are introduced on BTC ?\r\n\r\nPeter Todd argues that \"tail emission\"\u2014a fixed, perpetual block reward\u2014does not cause inflationary supply growth because it naturally converges to a stable monetary supply where the rate of newly minted coins equals the rate of lost coins. In his 2022 article \"Surprisingly, Tail Emission Is Not Inflationary,\" Todd mathematically demonstrates that any constant rate of coin loss ensures the circulating supply caps at a finite level, preventing net inflation over the long term.\r\nThis concept, already implemented in Monero since May 2022, addresses the security concern that Bitcoin might face once its block subsidy becomes negligible. Todd suggests that tail emission provides a stable, predictable miner incentive that is less arbitrary than Bitcoin's halving schedule, which can lead to sudden miner bankruptcies. However, he acknowledges that implementing such a change in Bitcoin would likely require a hard fork that faces significant consensus challenges within the diverse Bitcoin community.",
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"timestamp": "2026-03-30T01:59:52.000Z",
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